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Is it necessary to open a Demat account to trade in Mutual Funds?

April 26, 2017account demat Mutual funds necessary Trade

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Is it necessary to open a Demat account to trade in Mutual Funds?

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No, it is not necessary to open a Demat account to buy/sell Mutual Funds online. However, we would suggest that you open a Demat account also along with the trading account since our comprehensive 3-in-1 account will help you place orders in Equities and IPO s also. To trade in Equity markets/apply in IPO’s, it is necessary to have a Demat account.